Domestic Food Price Impact Statement Act

Domestic Food Price Impact Statement Act - States that no agricultural commodity may be exported to any foreign country unless: (1) the person exporting has submitted a registration statement to the Secretary; and (2) the Secretary has approved such statement.

Provides that the Secretary may not approve an export registration statement for a quantity of a commodity which, when added to the quantity of such commodity already approved, exceeds 20 percent of the level of domestic production. Authorizes the Secretary to establish a limitation lower than 20 percent under specified circumstances.

States that this Act applies to agricultural commodities planted for harvest in 1974 and subsequent years.